Investment opportunity just on the outskirts of downtown Farmville. Property is income producing and could be bringing in more money. Currently the expenses are low as the seller is the manager of the property. There are 8 units--2 stick built, 6 trailers. 3 of the trailers are not rented and 2 of those are used for parts for the other 2. Currently rental rolls are more than $2000 monthly. Rent rolls change but have been $1450-$2200 while listed. Multiple septics and wells, however, units do share. Septic has been cleaned annually. This property is close to the 460 bypass, route 15 for commute to Buckingham; Main Street for shopping and entertainment.
Off market
Street View
$79,300
1124 Fairgrounds Rd, Farmville, VA 23901
8beds
0baths
1,012sqft
MultiFamily
Built in 1940
-- sqft lot
$-- Zestimate®
$78/sqft
$824 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- None, Other
Cooling
- Central
Features
- 1st Floor Bedroom
- Flooring: Other
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,012 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Vinyl
- Frontage length: 0.0000
Lot
- Size: 2.49 Acres
Details
- Parcel number: 022A54
Construction
Type & style
- Home type: MultiFamily
- Architectural style: MODULAR
Materials
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Conventional Septic
- Water: Well
Community & neighborhood
Location
- Region: Farmville
Other
Other facts
- WaterSource: Well
- ConstructionMaterials: Other, Block, Vinyl Siding, Aluminum Siding
- Roof: Composition
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Assigned, Off Street, Unpaved
- YearBuiltDetails: Actual
- ArchitecturalStyle: MODULAR
- FrontageLength: 0.0000
- InteriorFeatures: 1st Floor Bedroom
- Sewer: Conventional Septic
- GrossIncome: 1450